{"id":136245,"date":"2024-08-26T22:00:29","date_gmt":"2024-08-26T19:00:29","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136245"},"modified":"2024-08-26T16:31:56","modified_gmt":"2024-08-26T13:31:56","slug":"3ac-founder-reveals-purchase-of-toncoin-ton-amid-market-volatility","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/3ac-founder-reveals-purchase-of-toncoin-ton-amid-market-volatility\/","title":{"rendered":"3AC Founder Reveals Purchase of Toncoin (TON) Amid Market Volatility"},"content":{"rendered":"<p>Despite facing accusations of fraud linked to the downfall of his firm and his current status as a fugitive, Zhu Su remains a prominent figure in the crypto world due to his market influence.<\/p>\n<p>In his recent update, Zhu Su disclosed that he purchased Toncoin (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/toncoin\/\">TON<\/a><\/strong>) at $5.80 per token.<\/p>\n<p>The value of TON had significantly declined after the arrest of Telegram founder Pavel Durov, and it is currently trading at $5.91.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/here-is-what-you-can-expect-from-ethereums-price-according-to-crypto-analyst\/\" title=\"Here is What You Can Expect From Ethereum&#8217;s Price, According to Crypto Analyst\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/ethereum331122-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Here is What You Can Expect From Ethereum&#8217;s Price, According to Crypto Analyst<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The exact size of Zhu Su\u2019s investment in TON is not known, but before the major drop, TON was valued at $6.94.<\/p>\n<p>Additionally, Zhu Su mentioned that he holds long positions in several other altcoins, including TAO, SUI, and POPCAT.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zhu Su, the founder of the now-defunct Three Arrows Capital (3AC), which went bankrupt following the Terra (LUNA) collapse, recently revealed his latest cryptocurrency investment in a post on X.<\/p>\n","protected":false},"author":3,"featured_media":114041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22,24],"tags":[],"class_list":["post-136245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>3AC Founder Reveals Purchase of Toncoin (TON) Amid Market Volatility<\/title>\n<meta name=\"description\" content=\"Zhu Su, the founder of the now-defunct Three Arrows Capital (3AC), which went bankrupt following the Terra (LUNA) collapse...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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